When the economy goes into recession, some of these programs they are like 1. 75 benefit for every 1 we spend on s. N. A. P. So to block grant this, we are automatical automatically cutting gdp. I dont have much time. Mr. Chairman, i just want to say you dont have any time. Im talking to you now. Im not asking any more questions. The gentle ladys time has expired. Okay. We will now hear from the gentleman from South Carolina for five minutes. I was asking about the process. I think, chairman, a couple observations and a question. One, i was struck by my colleagues conversation from new jersey on Social Security and raising the payroll tax. As we all know, there are unintended consequences and politics is ultimately what drives washington, d. C. As we remember, you know, Social Security was put in place as a social insurance program. If you lift the caps, you really move it to a social Welfare Program. People like to link it between i pay in, therefore i get more over the years. If you
Rosey lately with volatility back with a vep jengeance. The dow is up 4 . The s p is up 5 . And the nasdaq is up by roughly 9 . We have been watching the futures this morning ahead of the opening bell this morning. We do see red arrows with modest declines. The dow futures are just 28 points below future values. The s p is down two points and the nasdaq is down 3. 5 points. Over to you, andrew. Well talk Corporate News this monday morning. Argentina suspending proctor gambles operation in the country accusing them of tax fraud. Argentina accuses the company of overbilling 138 Million Dollars in imports to get money out of the country. They are gaining in mccow with and lists looking to decline year over year. Among the reasons, fewer tourists slowing the Economic Growth and china fighting corruption. And in a monday morning deal already this morning, the publicis is buying sapient for 25 a share in cash for 3. 7 billion. Thats a 44 premium with the deal coming after publicis failed on
Discuss proposals on combating terrorism. The deadline for the c span student cam competition is on tuesday. Produce the 3 to 5 minute documentary for the chance to win a grand prize of 5000. Here are some of our featured programs for this weekend on the c span networks. Let us know what you think about the programs youre watching, call us, email us, or send us a tweet. Join the c span conversation. Like us on facebook. Follow us on twitter. The former chairman of the house intelligence committee, mike rogers, and former nsa chief took part in the discussion yesterday on the strategic implications on the north korea cyberattack on sony pictures. This is 90 minutes. Good afternoon, everybody. Thank you for coming this afternoon to our event on the sony cyberattack and strategic implications. About four years ago, i had the pleasure to work with general hayden and some others to put on cyber shockwave the idea was to simulate a cyberattack as the National Security council and see how the
They are promulgated and released and finalized by executive branch bureaucracies. These are laws. These are laws that are binding on the American People and yet they are passed by men or women who were never elected. As wellintentioned, welltrained specializes they may be they never stood. The other stack, the stack but just a few inches tall or laws passed by Congress Last year and they were passed by people who are elected but there are great many of them. So this is a big rovlin. Congress has delegated its lawmaking power. Its delegated to the point that most of our laws are now made by people who never stand for election. This gets to the question of delegation and our constitution was quite explicit that congress had the authority to pass laws and get we have all these faceless bureaucrats making decisions. You call out george w. Bush on Campaign Finance reform for willfully signing something that he said explicitly i dont think this is constitutional. Why is this trend happening
It with your wisdom and truth. Give them a spirit of enthusiasm and joy in their worthy efforts, and may they find fulfillment in their service. As they seek to advance the common good guide them in making right decisions, and carrying them out with true justice helping them to be particularly attentive to the needs of those who cannot fend for themselves or who struggle with little hope. May the work of this house help advance a Peaceful Society in our nation and foster unity in mutual good will so that in all things you may be glorified. We ask all this in your most holy name, amen. The speaker pro tempore the chair thanks the guest chaplain from belmont abby from belmont, North Carolina. The chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1 the journal stands approved. The pledge of allegiance will be led by the gentleman from North Carolina, mr. Pittinger. Mr. Pittinger i pledge allegiance to